Kaboodle raises $3.55 million

Kaboodle, a web-based clipping service has raised $3.55 million in Series A funding reports C/Net News.com. Investors include early Google advisor Dr. Rajeev Motwani, a Stanford University professor, Ron Conway, an early investor in both Google and Ask Jeeves; Georges Harik, former director of new products at Google and Kanwal Rekhi, a managing director of Inventus Capital Partners. Other investors include Ashish Gupta, the founder of Junglee, Shea Ventures, Garage Technology Ventures and Alpha Group.
I had written about Kaboodle earlier, and since then many different companies have come into the market with their own twist on the concept. Clipmarks and MyPicklist are two such start-ups that are doing things differently. I find Clipmarks much more useful, and often use to collate and collect different things on the web.